Harbor Contractors Re · FY2026 Q3 · VT
A fictional captive from our synthetic book, run through the same readers, checks and reconciliation the product uses, live on this page. Two defects were planted in its files; both are below. Every name is invented.
1. Documents received and read
Each file was screened, classified to the captive, type and period, read, and checked. Findings point at the row they came from.
| File | Read as | Rows | Findings |
|---|---|---|---|
| HARBOR-RE_LossRun_063026.csv | Loss run, valued 6/30/2026 | 18 | clean |
| HARBOR-RE_LossRun_093026.csv | Loss run, valued 9/30/2026 | 18 |
|
| HARBOR-RE_Bank_Statement_2026-07.csv | Bank statement, 2026-07-01 to 2026-07-31 | 3 | clean |
| HARBOR-RE_Bank_Statement_2026-08.csv | Bank statement, 2026-08-01 to 2026-08-31 | 3 | clean |
| HARBOR-RE_Bank_Statement_2026-09.csv | Bank statement, 2026-09-01 to 2026-09-30 | 2 | clean |
2. Reconciliation
Premium installments to receipts; paid losses per the loss runs to TPA funding per the bank; cash that nothing explains.
Received $130,000.00
Matched 2 installment(s)
Funded per bank $162,948.00
Variance $0.00
Debits -$169,948.00
Unclassified $0.00
Exceptions
| Severity | Kind | Amount | What the reviewer sees | Refs |
|---|---|---|---|---|
| warning | premium_short | -$5,000.00 | Q3 2026 premium: received less than billed (difference -5000.00) | HARBOR-RE-p1, HARBOR-RE_Bank_Statement_2026-07.csv:0 |
3. Claims by line at 9/30/2026
From the approved loss run. The board package adds development since the prior valuation and the large-loss register.
| Line | Claims | Paid | Reserve | Incurred |
|---|---|---|---|---|
| General Liability | 8 | $222,655.00 | $100,986.00 | $323,641.00 |
| Workers Comp | 6 | $146,975.00 | $61,516.00 | $208,491.00 |
| Auto Liability | 4 | $88,389.00 | $30,386.00 | $118,775.00 |
4. Compliance position and premium tax
What is due next for this captive, with the regulator source, and the premium tax estimate for the year.
| Due | Obligation | Authority | Date |
|---|---|---|---|
| 10/31/2026 | Quarterly close and reconciliation package | Captive manager (internal) | verified |
| 1/31/2027 | Business plan review (file changes for approval before they take effect) | Domicile regulator | verify |
| 1/31/2027 | Quarterly close and reconciliation package | Captive manager (internal) | verified |
| 3/15/2027 | Annual report (VCAR / financial statement) | Vermont DFR | verified |
| 3/15/2027 | Premium tax return (myVTax) | Vermont Department of Taxes | verified |
| 4/1/2027 | Licence renewal fee | Vermont DFR | verified |
| 4/15/2027 | Federal return (Form 1120-PC) | IRS | verified |
| 6/30/2027 | Actuarial opinion / loss reserve certification | Vermont DFR | verified |
5. What was planted, and what was found
The synthetic book carries known defects so the engine can be scored instead of judged by eye. On every build: every planted defect found, nothing else raised.
- closed_with_reserveWC-261003 closed with a reserve
- premium_shortQ3 premium paid $5,000 short
In the product each of these would be assigned, resolved with a note, and signed off by a second person before the package is generated. The audit binder lists every file above with its SHA-256. Run your own quarter in parallel.